National Bank Financial Has Lowered Expectations for Bsr Real Estate Investment Trust (TSE:HOM.U) Stock Price

Bsr Real Estate Investment Trust (TSE:HOM.U) had its target price dropped by stock analysts at National Bank Financial from C$13.00 to C$12.50 in a research note issued on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 8.70% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. Scotiabank lifted their target price on Bsr Real Estate Investment Trust from C$14.50 to C$15.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. TD Securities decreased their price target on shares of Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set a “buy” rating for the company in a research report on Friday, December 12th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$13.30.

Bsr Real Estate Investment Trust Trading Down 0.2%

Shares of HOM.U opened at C$11.50 on Friday. The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12. The stock has a market capitalization of C$385.32 million, a PE ratio of -18.78 and a beta of 0.77. Bsr Real Estate Investment Trust has a fifty-two week low of C$11.15 and a fifty-two week high of C$13.58. The company’s fifty day moving average is C$12.38 and its 200 day moving average is C$12.24.

Bsr Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.